Search Results for: Gain Capital
US tax havens – the new Switzerland
May 9th, 2016
America is a magnet for offshore wealth, notably South Dakota, which has guaranteed secrecy In an old discount store hugging a corner in downtown Sioux Falls, South Dakota, the heirs to the William Wrigley chewing gum fortune have an office for ...
The Swiss National Bank reports a profit of CHF 5.7 billion for the first quarter of 2016.
May 9th, 2016
The Swiss National Bank (SNB) reports a profit of CHF 5.7 billion for the first quarter of 2016. A valuation gain of CHF 4.1 billion was recorded on gold holdings. The profit on foreign currency positions amounted to CHF ...
HKEX announced Seven Sector Index Futures Contracts to Debut on 9 May
May 6th, 2016
The seven sector index futures contracts to be rolled out by Hong Kong Exchanges and Clearing Limited (HKEX) on Monday, 9 May 2016 will enable investors to gain exposure to a basket of stocks in a key segment of ...
Broadridge Reports Third Quarter 2016 Results
May 6th, 2016
Announces Adjusted Diluted EPS Growth of 23% and Recurring Fee Revenue Growth of 12% Reaffirms Full Year Guidance Broadridge Financial Solutions, Inc. (NYSE:BR) today reported financial results for the third quarter of its fiscal year 2016. Results for the ...
South Korea offers 25 billion USD investment package to Iran
May 5th, 2016
South Korean President Park Geun-hye offered 25 billion U.S. dollars aid for infrastructure investment in Iran, Petro Energy Information Network (SHANA) reported on Wednesday. According to its 6th Development Plan, Iran wants to invest 185 billion U.S. dollars in ...
Saudi Arabia looks to bring in billions of foreign dollars
May 5th, 2016
Saudi Arabia announced a string of reforms to its stock market that could attract billions of dollars of fresh foreign money and smooth sales of state assets as the kingdom grapples with damage to its finances caused by low ...
FSMA added new companies on its list of unauthorised investment firms in Belgium
May 5th, 2016
The Financial Services and Markets Authority (FSMA) has issued an announcement to inform that the Authority has updated its list of providers of/intermediaries in binary options and forex products, “recovery rooms” and “boiler rooms”, all operating unlawfully in Belgium. Below is ...
Shares in London Stock Exchange crashed this afternoon
May 4th, 2016
Shares in London Stock Exchange Group (LON:LSE) crashed this afternoon as the owner of the New York stock exchange pulled out of a potential rival bid. It now paves the way for the potential £21bn merger of LSE and the German Deutsche Börse AG ...
Taking the petro out of the dollar
May 4th, 2016
Saudi Arabia has been in the news recently for several interconnected reasons. Underlying it all is a spendthrift country that is rapidly becoming insolvent. While the House of Saud remains strongly resistant to change, a mixture of reality and ...
FIS Reports First Quarter 2016 Results
May 4th, 2016
Revenue of $2.2 billion, 4.2 percent organic revenue growth EPS from continuing operations of $0.17, or $0.79 on an adjusted basis, a 22% increase SunGard integration ahead of plan Free cash flow of $338 million FIS™ (NYSE:FIS), a global leader in financial services technology, ...